Real REMAX CLO adds 304 shares in RSU vest
REAX’s chief legal officer received 304 shares from vested RSUs, with 98 units settled in cash for taxes, and retains sizeable unvested RSU and PSU awards.
Rhea-AI Filing Summary
Real REMAX Group Inc. (REAX) reported that Chief Legal Officer Alexandra Lumpkin had 402 RSUs vest on September 13, 2026; 304 were settled in shares of Common Stock and 98 were settled in cash for tax withholding in an exempt transaction. Following the conversion, she directly owns 10,786 shares of Common Stock and continues to hold multiple RSU and PSU awards tied to additional underlying shares that vest from 2026 through 2030 based on time and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
304 shares exercised/converted
Exercise
8 txns
Insider
Lumpkin Alexandra
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 304 | $0.00 | $0.00 |
| Disposition | Restricted Stock Units F1, F3, F4 | 98 | $0.00 | $0.00 |
| Exercise | Common Stock | 304 | $0.00 | $0.00 |
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
| holding | Restricted Stock Units F1, F5 | -- | -- | -- |
| holding | Restricted Stock Units F1, F6 | -- | -- | -- |
| holding | Performance Stock Units F7, F8 | -- | -- | -- |
| holding | Performance Stock Units F7, F9 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 34,768 contracts for 32,367 underlying shares (Direct);
Common Stock — 10,786 shares (Direct);
Performance Stock Units — 40,086 contracts (Direct)
Footnotes (9)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Common Stock of the Issuer.
- F2. These RSUs vest in accordance with the following schedule: 400 shares will vest quarterly starting on September 17, 2026 through March 17, 2027.
- F3. Reflects the 402 RSUs that vested on September 13, 2026, of which 304 were settled in shares of Common Stock and 98 were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b).
- F4. These RSUs vest in accordance with the following schedule: 402 shares will vest on September 13, 2026; 400 shares will vest quarterly starting on December 13, 2026 through June 13, 2027; 401 shares will vest on September 13, 2027; and 400 shares will vest quarterly on December 13, 2027 through March 13, 2028.
- F5. These RSUs vest in accordance with the following schedule: 784 shares will vest quarterly starting on September 10, 2026 through March 10, 2028; 783 shares will vest quarterly starting on June 10, 2028 through December 10, 2028; and 782 shares vest on March 10, 2029.
- F6. These RSUs vest in accordance with the following schedule: 5,834 shares will vest on March 9, 2027; 1,459 shares will vest quarterly starting on June 9, 2027 through September 9, 2029; and 1,458 shares will vest quarterly starting on December 9, 2029 through March 9, 2030.
- F7. Each performance stock unit ("PSU") represents a contingent right to receive one share of Common Stock of the Issuer.
- F8. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-quarter of the PSUs will vest on March 15, 2027 and the remaining shares will vest in equal quarterly installments over the next four quarters immediately following March 15, 2027.
- F9. These PSUs will be earned based upon the Issuer's performance during the performance period. Once earned, the PSUs will vest in accordance with the following schedule: one-half of the PSUs will vest on March 15, 2028 and the remaining shares will vest in equal quarterly installments over the next six quarters immediately following March 15, 2028.
Key Figures
RSUs vested: 402 units
Shares settled from RSUs: 304 shares
Units settled in cash for taxes: 98 units
+5 more
8 metrics
RSUs vested
402 units
Restricted stock units that vested on September 13, 2026
Shares settled from RSUs
304 shares
RSUs settled in shares of Common Stock on September 13, 2026
Units settled in cash for taxes
98 units
RSUs settled in cash for tax withholding under Rule 16-3(b)
Common Stock holdings after transaction
10,786 shares
Directly owned by Alexandra Lumpkin following the September 13, 2026 transactions
Unvested RSUs (grant 1)
1,200 underlying shares
RSUs vesting quarterly from September 17, 2026 through March 17, 2027
Unvested RSUs (grant 2)
7,835 underlying shares
RSUs vesting quarterly from September 10, 2026 through March 10, 2029
Unvested RSUs (grant 3)
23,332 underlying shares
RSUs vesting between March 9, 2027 and March 9, 2030
Unvested PSUs
8,822 and 31,264 underlying shares
Performance stock units earned based on issuer performance, vesting from 2027–2029
Key Terms
Restricted Stock Units, Performance Stock Units, contingent right, Rule 16-3(b)
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Performance Stock Units financial
"Each performance stock unit ("PSU") represents a contingent right to receive one share"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
contingent right financial
"represents a contingent right to receive one share of Common Stock of the Issuer"
Rule 16-3(b) regulatory
"settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REAX report for Alexandra Lumpkin on this Form 4?
REAX reported that 402 restricted stock units vested for Chief Legal Officer Alexandra Lumpkin on September 13, 2026; 304 were settled in shares of Common Stock and 98 were settled in cash for tax withholding in an exempt transaction under Rule 16-3(b).
How were taxes handled on Alexandra Lumpkin’s vested RSUs at REAX?
Of the 402 RSUs that vested on September 13, 2026, 98 units were settled in cash for payment of tax withholding in an exempt transaction pursuant to Rule 16-3(b), while 304 units were settled in shares of Common Stock.
What unvested RSU awards linked to REAX stock does Alexandra Lumpkin still hold?
Alexandra Lumpkin continues to hold RSU awards tied to 1,200, 7,835, and 23,332 underlying shares of REAX Common Stock, which vest on various quarterly and annual schedules between 2026 and 2030, as detailed in the vesting footnotes.
What performance stock unit (PSU) awards tied to REAX stock does Alexandra Lumpkin hold?
She holds PSU awards tied to 8,822 and 31,264 underlying REAX shares. These PSUs are earned based on the issuer’s performance, then vest in scheduled installments beginning March 15, 2027 and March 15, 2028, respectively.
Were Alexandra Lumpkin’s REAX transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnotes describing the RSU vesting and settlements do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.
What is Alexandra Lumpkin’s role at Real REMAX Group Inc. (REAX)?
Alexandra Lumpkin is reported as the Chief Legal Officer of Real REMAX Group Inc. on the Form 4, which classifies her as an officer of the issuer for purposes of the insider reporting requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
